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New Mortgage Stress Test to be Imposed on Canadians effective January 1, 2018

Posted October 20, 2017

Posted by: Garth Chapman On October 17th Canadians awoke to the news that the nation’s banking regulator (OSFI) has announced that they will in fact go ahead on Jan 1, 2018 with a stress test for all conventional mortgage borrowers (those with more than 20% down). This new Stress test will require that home-buyers (and… Read More→

What the new Mortgage Rules Mean for the Lending Market

Posted October 19, 2017

Stress tests and a ban on mortgage bundling bad news for Canada’s non-prime lenders, RBC says BLOOMBERG NEWS Published on: October 18, 2017 | Last Updated: October 18, 2017 5:57 AM MDT Borrowers who don’t meet the lending criteria of Canada’s big banks for home loans may turn to credit unions and private lenders under… Read More→

OCTOBER IN THE GARDEN

Posted October 18, 2017

Oct 13, 2017 Donna Balzer gardening, Guest Blog, House & Home Preparing for the winter ahead It’s October and it’s time to get serious about the fall garden. Plant bulbs, rake apples, empty compost and clean out plant pots before the sleet and snow freezes everything solid like a jellied salad. CompostAdd grass and greens… Read More→

Condo developers must meet firm move-in dates under new Alberta government rules

Posted October 15, 2017

Developers will be required to have deposits held by lawyers and give realistic estimates of condo fees. CBC News Posted: Oct 12, 2017 1:23 PM MT Last Updated: Oct 12, 2017 8:45 PM MT Condo developers in Alberta will have to set firm move-in dates for buyers and be prepared to refund deposits if they… Read More→

CALGARY’S HOUSING FUTURE

Posted October 12, 2017

Oct 6, 2017 Geoff Geddes Calgary Real Estate News, Feature, Housing Market, Slider Trends shaping the city’s short- and long-term development Absent a crystal ball, the future of housing in Calgary is very much up in the air. At the same time, there are some notable trends that offer clues to what’s on the horizon… Read More→

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